Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 21149 — Franchise Dealers Fair Practices
Cal. Bus. & Prof. Code § 21149
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding the terms of any franchise, the franchisor may not prohibit or prevent the sale, transfer, or assignment of the franchise to a corporation if both of the following conditions are satisfied:
Citator
Cal. Bus. & Prof. Code § 21149 — Franchise Dealers Fair Practices is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding the terms of any franchise, the franchisor may not prohibit or prevent the sale, transfer, or assignment of the franchise to a corporation if both of the following conditions are satisfied:
(a) The franchisee has a controlling interest in the corporation.
(b) The franchisee offers in writing to personally guarantee the corporation’s performance of its obligations under the franchise.